Hello,
I've seen conflicting info on the forum - one comment indicating that RESP withdrawals are not to reported on the income tax return and then another comment stating that only the Canada Education Savings Grant (CESG) and income earned on grant and contribution) is to be reported.
I have received my T4A slip with the total in box 042 that includes my own contribution as well as CESG and income earned on CESG. Please advise if:
a) I need to report the RESP withdrawal in the first place?;
b) If I need to report the RESP withdrawal, then how do I differentiate between my own contributions and CESG and income earned on CESG
c) If I am also required to report tution fees on the T2200 slip (province of BC)
Direction will be much appreciated. Thanks very much
